both sides blow it once in a while, but no one will act because each side will end up pooched in the end.

Quoting: Mordier L'eft

Not sure what you mean by "hot air". The consequence will be China further devaluing their currency, which will later result in the fed printing more money to devalue the dollar, and on and on and on. The net result being ALL currencies are devalued meaning you end up paying more and more and more for everything you need to live.

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Quoting: Anonymous Coward 961432

by "hot air" i mean, well...blowing hot air...and never doing a thing about it.